What is the issuance price and issuance volume of Streamr (DATA) coins?

Streamr's (DATA) ICO price was set at $0.05, with a total issuance volume of 1 billion tokens, distributed via the Waves Platform.

Jan 05, 2025 at 06:38 am

Key Points:

• Issuance Price
• Issuance Volume
• Coin Launchpad
• Pre-Sale Details
• Token Allocation

Issuance Price

The initial issuance price (ICO price) of Streamr (DATA) coins was set at $0.05 during its initial coin offering (ICO) in February 2018.

Issuance Volume

The total issuance volume of Streamr (DATA) coins was capped at 1 billion tokens. Out of this total supply, 500 million DATA tokens were issued during the ICO, raising a total of $25 million USD.

Coin Launchpad

The Streamr (DATA) ICO was conducted on the Waves Platform, which provided a decentralized and secure environment for the token sale.

Pre-Sale Details

Prior to the public ICO, Streamr held a private pre-sale in December 2017. During this pre-sale, 200 million DATA tokens were sold to early-stage investors at a discounted price of $0.035 per token.

Token Allocation

The distribution of Streamr (DATA) tokens was allocated as follows:

• ICO Sale: 50% (500 million DATA)
• Private Pre-Sale: 20% (200 million DATA)
• Team and Advisors: 15% (150 million DATA)
• Ecosystem Fund: 10% (100 million DATA)
• Partnerships and Marketing: 5% (50 million DATA)

Frequently Asked Questions (FAQs)

Q: What factors influenced the ICO price of Streamr (DATA) coins?
A: The ICO price was primarily determined by market demand, the overall cryptocurrency market conditions, and the perceived value of the Streamr project by potential investors.

Q: Why was the total issuance volume of Streamr (DATA) coins capped at 1 billion?
A: The limited supply was intended to create scarcity and increase the potential value of DATA tokens over time.

Q: What were the benefits of conducting the ICO on the Waves Platform?
A: The Waves Platform offered decentralization, low transaction fees, and a user-friendly interface for token issuance and distribution.

Q: What was the purpose of the pre-sale?
A: The pre-sale allowed Streamr to secure funding from early-stage investors before the main ICO and build a community of supporters for the project.

Q: How were the Streamr (DATA) tokens allocated?
A: The token allocation was designed to distribute tokens fairly among different stakeholders, including ICO participants, pre-sale investors, and the Streamr team.